Dr. Halleran is the VP Geology in the private company Konain Oil and Gas.  Konain is a significant player in the international oil and gas industry, funding and developing large oil projects in Africa, Europe and the Middle East.
 

Konain founded and funded a company called United Hydrocarbon, then brought in a stellar management team, including Ned Goodman, (founder of Dundee Capital, board of directors for the CSE).  Konain also raised $400 million for United Hydrocarbon, and got them a huge oil project in Chad.

So we have the VP of Geology at Konain joining a shell company worth $7.2 million.

Having been at this game for 27 years I'd say something big is afoot, especially given that the stock has gone up even as the company has been in the process of dissolving all of their older oil projects!

And of course, I'm the first person to post on the UHO Bullboard which shows nobody else has noticed the recent hire and the even more recent cross in the market last week.

Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.uho&postid=25431979#FaJrDEwWUVfJ2dY3.99